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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?


To: virgil vancleave who wrote (13407)11/9/2000 6:41:45 AM
From: jaytee  Read Replies (2) | Respond to of 14162
 
Hey Virgil: Welcome back I looked at AMES APR 01 5's would be about 1.25 per call. One could get about 3/8s for a premium on Jan 01 7.50 it appears. Not too much interest outstanding on the 7.50's for Dec of this year.

Any way, one could get approx 30 % return on the LEAP (proxy for stock) investment, right?

I checked out chart: siliconinvestor.com

Looks like no money moving into AMES . OBV low (subterranean, more like it). But the rsi seems to be heading north from the cold, cold, depths it has seen.

Any thoughts?

jaytee